Why
Chicago?
Our Story
A Deeper
Look
Industry Sectors
Comparing Chicago
Data & Statistics
Changing Seasons
Real Estate
Success Stories
Site Location Tutorial
Business
Resources
Business
Req.
Partners & Contacts
Foreign Resources
Financial Incentives
|
 |
Chicago
by the Numbers |
 |
Where the WIREless Things Are |
| |

|
|
Just last week, on a French high-speed train operating between Paris and Brussels, a stable Wi-Fi broadband connection was successfully tested and offered at bandwidth rates comparable with today's available DSL lines.
|
 |
Dipping into Chicago's Talent Pool |
 |
Creativity at Work: Innovation |
| |
With more than 100 languages spoken and more than 26 different ethnic groups having populations greater than 25,000Chicago is one of the most diverse cities in the world.
|
|
Outsourcing is an American innovation that has driven the dramatic growth of Chicago companies like Hewitt Associates. The Eurodollar futures contract is only one of the Chicago Mercantile Exchange's many, hugely profitable innovations.
|
 
Where the WIREless Things Are
Just last week, on a French high-speed train operating between Paris and Brussels, a stable Wi-Fi broadband connection was successfully tested and offered at bandwidth rates comparable with today's available DSL lines. For the first time, travelers aboard that train were able to conduct business via the internetuninterrupted, unwired and best of all, for free. The access is offered as an added benefit, presumably at a loss, to those already paying to use the services of the train system.
A few thousand miles away, a student preps for class in a downtown Chicago coffee shop. Her laptop's wireless network finder has popped up both restricted and unrestricted networks. She can easily walk up to the store manager and pay the $29.95 fee for a monthly pass to access the coffee shop's wireless network. Or, she can hop a free ride on the unlocked wireless cloud being offered, gratis, from the hotel next door. Or, even better, she can ride the free wireless wave from the public park across the street. She now faces the dilemma… save her money for more important things like tuition, or pay to use the coffee shop's network? What would you do?
Yet another blurry line created by technological evolution… free vs. fee. Enter: the municipal broadband debate.
A number of interesting cooperative efforts between municipalities and multiple private sector partners already exist throughout the country. While certain concerns have been raised about municipal involvement, mostly voiced by the baby bells and cable giants, an equally strong voice believes that municipalities have an obligation to find solutions that are open and competitively neutral.
If you're not familiar with the City of Chicago's Department of Business and Information Services (BIS), it's the division of local government that is responsible for managing the entire IT and network infrastructure for the City. Alongside enabling us to pay our parking tickets online and navigate through the maze of the City's web portal, BIS has been silently building one of the most impressive wireless architectures in our country. Through the creative leadership of Commissioners Chris O'Brien and Mary Dempsey, a municipally based Wi-Fi network is already up and running with nodes operating in all 79 of the City's public libraries. And, yes, it's free.
"Given Wi-Fi's ability to transform the way people access information, we felt that it was crucial to broaden our constituents' exposure to wireless technology," said Christopher O'Brien, CIO of the City of Chicago. "The Chicago Public Library is a logical first step in this endeavor as it reaches a wide breadth of people across numerous communities."
Built in partnership with Airespace, Inc., the City's WLAN system also enables City field workers to attain easy access to key information when on the road, including a secure channel for Chicago police and public safety personnel.
"There
are unique challenges associated with building and operating
a wireless network that spans an entire city and serves thousands
of users every single day," said Al Ruiz, network architect
for the City of Chicago. "Our partnership with Airespace has
demonstrated the ability to scale in size without sacrificing
ease of use, flexibility, and security. This will become increasingly
strategic as we continue to expand our wireless initiatives
throughout our city." Alongside the library hotspots, free
service is available at Daley Plaza, Millennium Park, and
several other cultural zones throughout the central business
district. Chicago is rightfully earning its place as one of the country's
top 5 cities for Wi-Fi deployment, according to CNET.
Meanwhile, cities throughout the country battle to stay ahead of the bare knuckled agendas of the baby bells, who are trying to convince legislators in practically every state that municipally operated wireless networks are a bad, bad thing… and that competitive landscapes for wireless ISP's are best left to the old phone and cable companies. Yeah… ok… tell that to our student friend in the coffee shop. I'm sure she'll have a few thoughts on the topic.
--Dan Lyne
Don't miss SUPERCOMM! Explore the whole world of communications, June 6-9, at Chicago's McCormick Place.
Get details at www.supercomm2005.com.
|
 
Dipping into Chicago's Talent Pool
With more than 100 languages spoken and more than 26 different ethnic groups having populations greater than 25,000Chicago is one of the most diverse cities in the world. But one thing that truly makes the Windy City a global center is the intellectual capital that is abundant in Chicago, in large part due to the city's position as a hub for higher education.
Chicagoland is home to 113 higher education institutions including colleges, universities, community colleges and independent institutions. As the recent U.S. News and World Report on America's best graduate schools shows, Chicago is home to some of the top grad schools in the countryin everything from finance to art. The following rankings prove that Chicago's businesses have access to one of the greatest pools of talent in the country, or even the world.
THE
TOP SCHOOLS FOR BUSINESS
#4 Northwestern University (Kellogg)
#8 The University of Chicago
Business School Specialties
Accounting #2 The University of Chicago #10 Northwestern University (Kellogg) |
Executive MBA #1 Northwestern University (Kellogg) #3 The University of Chicago |
Finance #2 The University of Chicago #7 Northwestern University (Kellogg) |
Management #2 Northwestern University (Kellogg)
|
Marketing #1 Northwestern University (Kellogg) #9 The University of Chicago |
Part-time MBA #2 The University of Chicago #3 Northwestern University (Kellogg) #8 DePaul University (Kellstadt) |
ECONOMICS
#1 The University of Chicago
#8 Northwestern University
Economics Specialties
Econometrics
#7 The University of Chicago
#8 Northwestern University |
Development Economics #6 The University of Chicago |
International Economics #10 The University of Chicago |
Industrial Organization #3 Northwestern University #7 The University of Chicago |
Microeconomics #5 The University of Chicago #9 Northwestern University |
Public Finance #7 The University of Chicago |
Labor Economics #1 The University of Chicago |
Macroeconomics #2 The University of Chicago #8 Northwestern University |
SCHOOL OF LAW
#6 The University of Chicago
#10 Northwestern University
*** both are ranked as top schools for diversity
**** Chicago has 4 schools in top 100
MASTER OF FINE ARTS
#1 School of the Art Institute of Chicago
School of the Art Institue of Chicago Specialty Rankings
#1 in Photography
#2 in Painting/Drawing
#2 in Multimedia/Visual Communications
#3 in Sculpture
#6 in Printmaking
Chicago-area schools also ranked high on lists for the top graduate schools in education, engineering, pharmacy, medical research, audiology, clinical psychology, community health, health services administration, nursing, nursing anesthesia, nursing midwifery, physical therapy, rehabilitation counseling, social work, speech-language pathology, public affairs, biological sciences, chemistry, computer science, geology, applied mathematics, mathematics, physics, English, history, political science, psychology and sociology.
These U.S. News rankings prove businesses looking for talent in any field will find it in Chicago.
For
more information on U.S. News & World Report rankings, please
visit www.usnews.com.
|
 
Creativity at Work: Innovation
Outsourcing is an American innovation that has driven the dramatic growth of Chicago companies like Hewitt Associates. The Eurodollar futures contract is only one of the Chicago Mercantile Exchange's many, hugely profitable innovations. Simultaneous parallel landings are an innovation of O'Hare International Airport. And Motorola's "brick" mobile phone was a mid-course innovation from the Chicago company that has many times over changed how the world lives.
Each of these Chicago innovations sparked worldwide replication, major economic growth, and serious new competition for the original innovators.
Innovation is creative change for the better. The speed and scale of change in a globalizing world seem to be increasing exponentially. New gets oldfast. And to keep up, we need to stay ahead.
America's competitive advantage in a world marketplace of cheap physical and intellectual labor may be our ability to innovate new products, services and processesgenerating creative breakthroughs in the lab, on the production floor, and at the office.
It
is certain that innovation itself needs to be encouraged and
honored. Nominations are now open for the fourth annual Chicago
Innovation Awards, created by the Chicago Sun-Times and Kuczmarski
& Associates.
For more information, and to nominate a Chicago innovator, go to: www.chicagoinnovationawards.com.
--Paul O'Connor

Chicago
by the Numbers
| Indicator
- CBSA |
March-05 |
February-05 |
January-05 |
|
| Total Employment |
4,374.2 |
4,334.4 |
4,328.7 |
4,335.0 |
| Total
Private Sector |
3,881.3 |
3,773.8 |
3,776.4 |
3,770.0 |
Construction |
197.1 |
189.8 |
192.1 |
194.2 |
Manufacturing |
499.6 |
498.6 |
499.0 |
500.5 |
Transportation
& Utilities |
198.9 |
197.8 |
197.4 |
195.7 |
Wholesale
Trade |
242.2 |
241.1 |
241.4 |
241.4 |
| Retail
Trade |
454.5 |
451.0 |
458.1 |
454.1 |
Information |
92.5 |
92.6 |
92.7 |
95.7 |
Financial
Activities |
324.3 |
322.7 |
322.5 |
322.9 |
| Prof.&
Business Services |
678.0 |
667.4 |
663.4 |
655.3 |
Education
& Health Services |
549.3 |
545.4 |
542.2 |
545.8 |
| Leisure
& Hospitality |
376.7 |
370.4 |
371.7 |
365.2 |
| Other Services
|
195.6 |
194.5 |
193.5 |
196.4 |
Government |
562.9 |
560.6 |
552.3 |
564.9 |
Mining |
2.3 |
2.5 |
2.5 |
2.3 |
| Unemployment Rate |
6.1 |
6.4 |
5.9 |
6.6 |
| Midwest Housing Starts |
347.0 |
388.0 |
352.0 |
350.0 |
| Office Availability
Rate |
15.7 |
- |
- |
13.4 |
| Office Net Absorption |
-936,434.0 |
- |
- |
-20,006.0 |
| Producer's Price Index |
153.6 |
152.5 |
151.9 |
146.6 |
| Consumer Price Index -U |
193.3 |
191.8 |
190.7 |
187.4 |
| Consumer Confidence |
103.0 |
104.4 |
105.1 |
88.5 |
| National Purchasing |
|
|
|
|
Managers
Index |
53.3 |
55.3 |
56.4 |
62.5 |
| Chicago Purchasing |
|
|
|
|
Managers
Index |
69.2 |
62.7 |
62.4 |
57.6 |
| Chicago Midwest |
|
|
|
|
| Manufacturing
Index |
118.8 |
120.0 |
118.3 |
117.1 |
| New Automobile Sales |
5.5 |
5.3 |
5.4 |
5.6 |
| New Truck Sales |
7.9 |
7.6 |
7.6 |
7.7 |
Footnotes
The new CBSA (core based statistical area) consists
of the fourteen-county Chicago region: Cook, DeKalb, DuPage, Grundy, Kane,
Kendall, Lake, McHenry, and Will counties in Illinois; Jasper, Lake, Newton and Porter counties in Indiana;
and Kenosha County in Wisconsin.
The office
absorption and availability rate are 2004 & 2005 first
quarter numbers for the downtown Chicago market.
Data is from CB Richard Ellis.
Net Absorption is the change in available space in square
feet. Availability rate is space that is currently vacant
or in the process of being marketed. Consumer confidence,
automobile and truck sales are U.S. numbers. The Chicago Midwest
Manufacturing Index is a monthly estimate of manufacturing
output in the 7th Federal Reserve district (Illinois, Indiana,
Iowa, Michigan, and Wisconsin). It is a composite index of
sixteen manufacturing industries that use electrical power
and hours worked data to measure monthly changes in regional
activity. The employment, housing, and net absorption numbers
are listed in thousandths.
|
|
| World
Business Chicago
177
N. State Street, Suite 500
Chicago, Illinois 60601
To
be removed from list click
here.To
be added to list clickhere. |

|